What is a non-Equity theatre?

Non-Equity or “Open” auditions are calls that are not affiliated with any union. This means that Equity members are not able to attend. Sign in usually starts an hour before the call. As a Non-Equity member, the audition process may seem frustrating, but know that there is an upside to being Non-Equity!

What does Equity mean in theatre?

An Equity Theatre is considered to be a fully professional theatre in the theatre industry. We pay union actors and stage managers a base rate as well as other benefits (health, pension, etc). Equity Theatres can offer union membership, through an AEA contract, to any actor.

What is Equity and non-Equity?

Equity is the profit that the firm brings in. This means that equity partners get more than 50 percent of their salary from firm profits and nonequity partners either receive no payments from ownership in the firm or receive equity payments that make up less than half of their total salary.

What does non-Equity pay mean?

A non-Equity contract means that they are not going to be paying as much as you should get and probably think that they can pay you if and when they get any money. Check any ‘non-Equity’ contract thoroughly with your agent BEFORE you accept it. Or send it to Equity for them to check for you.

Can Equity actors do non union work?

AEA actors cannot accept non-union employment, but they can audition for any show at any theatre company. If the producers want to hire an Equity actor, they can negotiate an agreement, usually a Guest Artist contract, with the union.

How do you define Equity?

The term “equity” refers to fairness and justice and is distinguished from equality: Whereas equality means providing the same to all, equity means recognizing that we do not all start from the same place and must acknowledge and make adjustments to imbalances.

Who covers Equity?

We are a union of more than 47,000 performers and creative practitioners, united in the fight for fair terms and conditions in the workplace. We are actors, singers, dancers, designers, directors, stage managers, puppeteers, comedians, voice artists, and variety performers.

What is an example of an equity?

Equity is the ownership of any asset after any liabilities associated with the asset are cleared. For example, if you own a car worth $25,000, but you owe $10,000 on that vehicle, the car represents $15,000 equity. It is the value or interest of the most junior class of investors in assets.

What are the characteristics of equity?

Meaning of Equity Shares: He has the right to vote, the right of dividend, the right of being offered right shares, the right to bonus issues and certain tax-benefits.

What are non equity instruments?

What Is a Non-Equity Option? A non-equity option is a derivative contract for which the underlying assets are instruments other than equities. Typically, that means a stock index, physical commodity, or futures contract, but almost any asset is optionable in the over-the-counter market.

How do you define equity?

What does it mean to be a non equity performer?

What is Non-Equity? Singers, dancers, and actors that do not belong to Equity are Non-Equity. Non-Equity performers cannot take advantage of any of the benefits offered to Equity members, such as health insurance, credit union membership, and a retirement plan.

What’s the difference between non equity auditions and equity auditions?

Non-Equity or “Open” auditions are calls that are not affiliated with any union. This means that Equity members are not able to attend. Sign in usually starts an hour before the call. Simply show up, sign on the list, and you will be seen in the order that you arrive.

What does equity stand for on the stage?

What is “Equity”? Equity, also known as Actor’s Equity Association or AEA, is the union for stage professionals- singers, actors and dancers. All Broadway shows, in addition to many regional theaters and national tours, work under Equity contracts.

How are non-equity securities related to stock prices?

Non-equity securities may fluctuate in value in relation to stocks. For example, futures contracts may increase in price as stocks increase, while bond prices tend to move inversely to stock prices. Farlex Financial Dictionary. © 2012 Farlex, Inc.